MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

Banks need liquidity to meet which of the following objectives of banking?

(1) To meet deposit withdrawal

(2) To fund loan demands

(3) To maintain public confidence

50% studentsanswered this correctly

Important Questions on Banking in India

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness For SBI & IBPS Clerk PO, RRB Exams>Chapter 5 - Banking in India>PAST EXERCISE>Q 13
Which of the following terms is not used in the banking world?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness For SBI & IBPS Clerk PO, RRB Exams>Chapter 5 - Banking in India>PAST EXERCISE>Q 14
KYC guidelines followed by the banks have been framed on the recommendations of the _____.
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness For SBI & IBPS Clerk PO, RRB Exams>Chapter 5 - Banking in India>PAST EXERCISE>Q 15
Which of the following is the popular name of the norms by which a bank satisfies itself about the customer's identity and activities?
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness For SBI & IBPS Clerk PO, RRB Exams>Chapter 5 - Banking in India>PAST EXERCISE>Q 16
Banks, now, in addition to normal banking services, offer which of the following services?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness For SBI & IBPS Clerk PO, RRB Exams>Chapter 5 - Banking in India>PAST EXERCISE>Q 17
Which of the following statements is true?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness For SBI & IBPS Clerk PO, RRB Exams>Chapter 5 - Banking in India>PAST EXERCISE>Q 18
When a bank returns a cheque unpaid, it is called _____.
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness For SBI & IBPS Clerk PO, RRB Exams>Chapter 5 - Banking in India>PAST EXERCISE>Q 19
In order to attract more foreign exchange, the Government of India decided to allow foreign investment in LLP firms. What is the full form of "LLP" as used in this reference?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness For SBI & IBPS Clerk PO, RRB Exams>Chapter 5 - Banking in India>PAST EXERCISE>Q 20
The process by which a life insurance policyholder can transfer all rights, title and interest under a policy contract to a third person is known as _____.